Thanks to new factory: Great joy and also relief among Siemens employees in Amberg
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Thanks to new factory: Great joy and also relief among Siemens employees in Amberg
onetz.de/oberpfalz/amberg/dank-neuer-fabrik-grosse-freude-erleichterung-siemens-mitarbeitern-amberg-id5313944.html
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Key FactsSiemens Faces Staff Backlash Amid Record Profits
Dec 20, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: onetz.de
Summary created with AI assistance · Source: onetz.de
- Siemens reduced the Christmas party budget at its Amberg location despite posting a record profit of €8.5 billion in 2023.
- Employees expressed frustration over cost-cutting measures, which also included overtime reductions and the dismissal of temporary workers.
- The company justified these actions as necessary for maintaining long-term competitiveness despite the strong financial results.
- This cost-saving approach contrasts sharply with Siemens’ financial success, causing tension between management and staff.
“I find it unacceptable that the employees, who contribute so much to the success of the company, have to save on the Christmas parties.”— An employee of Siemens in Amberg comments on the budget cuts for the Christmas parties despite record profits.
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